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Acquisitions and Divestitures News in United Kingdom

Union Jack Oil Completes Farm-in to PEDL183
12/3/2018 - Union Jack Oil has received written consent from the Oil and Gas Authority, satisfied all conditions precedent, and has now completed the farm-in with Rathlin Energy (UK) for a 16.665% licence interes...
Serica Energy Acquires Interests in Bruce and Keith Fields from Total, BHP and Marubeni
11/30/2018 - Serica Energy plc announced that subsequent to the Company’s announcement earlier today relating to completion of Serica Energy (UK) Limited’s acquisition of BP’s interests in the Bruce, Keith and Rhu...
Serica Energy Completes Acquisition of BP's Interests in Bruce, Keith and Rhum Fields
11/30/2018 - Serica Energy has announced the completion of the acquisition of interests in the Bruce, Keith and Rhum fields and associated infrastructure in the UK North Sea from BP ('BKR Acquisition') by Serica E...
Ineos in Talks to Buy ConocoPhillips North Sea Assets
11/18/2018 - British petrochemicals company Ineos is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company, the Sunday Times newspaper reported, w...
Talon Petroleum Farms into Corallian's Curlew A Discovery
10/26/2018 - Talon Petroleum Limited has entered into an agreement with Corallian Energy Limited to earn a 10% interest in Licence P2396, subject to Oil & Authority (OGA) approval of the assignment.    ...
Serica Energy Receives OFAC License & Assurance for Rhum
10/9/2018 - AIM-listed Serica Energy has announced that its wholly owned subsidiary,Serica Energy (UK) and BP have received a conditional License and assurance from the U.S. Office of Foreign Assets Control ('OFA...
Hibiscus Petroleum to Acquire Interest & Operatorship in 2 Discovered Oil Fields Offshore UK
10/9/2018 - Hibiscus Petroleum has announced that its indirect wholly-owned subsidiary, Anasuria Hibiscus UK ('AHUK'), has entered into a conditional sale and purchase agreement with Caldera Petroleum (UK)to acqu...
Acquisition of Net Profits Interests in 3 UK Petroleum Licences
10/2/2018 - The Board of Westmount is pleased to announce the acquisition of net profits interests ("NPI") in three offshore UK petroleum licences previously held by Infrastrata Plc ("Infrastrata"). The transacti...
Equinor Acquires a 40% Stake in the Rosebank Project in UK
10/1/2018 - Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS). Once concluded, the transa...
Cluff Provides Licence Update on P2252 & 2248
9/27/2018 - Cluff Natural Resources Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern North Sea gas basin, is pleased to announ...
UKOG Completes Acquisition of 22% Interest in Horse Hill Oil Discovery
9/25/2018 - AIM-listed UK Oil & Gas (UKOG) has announced that it has completed the acquisition of the 22% shareholding in Horse Hill Developments ('HHDL') from Gunsynd, Primorus Investments and Solo Oil. These ac...
Zennor Acquisition of Britannia Field Interest
9/17/2018 - Zennor Petroleum Limited is pleased to announce that its wholly owned subsidiary, Zennor North Sea Limited, has entered into a Sale and Purchase Agreement with Mitsui E&P UK Limited (“MEPUK”) in respe...
Completion of Acquisition of Certain SE Asian Producing Assets
9/6/2018 - Ophir is pleased to announce the completion of the acquisition of the Producing Assets from Santos Limited (“Santos”). ...
Tailwind Acquires Shell and Exxon’s Interests in the Triton Assets
9/1/2018 - Tailwind Energy Ltd has signed an agreement with Shell UK Limited, Shell EP Offshore Ventures Limited and Esso Exploration and Production UK Limited to acquire their interests in the Triton Cluster, w...
UK Oil & Gas Acquires Interest in Horse Hill Oil Discovery
8/30/2018 - UK Oil & Gas PLC has entered into a sale and purchase agreement with Solo Oil Plc ("Solo") to acquire their 15% shareholding in Horse Hill Developments Ltd ("HHDL"), the operator and 65% interest hold...
Ithaca Energy Enters into Agreements to Acquire Greater Stella Area licences
8/24/2018 - Ithaca Energy Limited has entered into agreements to acquire all the Greater Stella Area (“GSA”) licences and associated infrastructure interests of Dyas UK Limited (“Dyas”) and Petrofac Limited (“Pet...
United Oil & Gas Confirms Award of Two Blocks in the UK North Sea
8/23/2018 - United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced that further to the announcement of 24 May 2018, it has accepted the formal offer ...
Faroe Petroleum Announces Farm-in to Azinor Catalyst's UKCS Agar/Plantain Well
8/14/2018 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has farmed into the UK Cont...
Neptune Energy Agrees to Acquire UK Central North Sea Assets
8/13/2018 - Neptune Energy Group (“Neptune”) has entered into a Sale and Purchase Agreement to acquire certain development and exploration assets in the UK Central North Sea from Apache North Sea Limited (“ANSL”)...
Acquisition of 20.43% Interest in Arran Field, UK North Sea
8/9/2018 - RockRose Energy, the independent oil and gas company, is pleased to announce that it has signed a Sale and Purchase Agreement to acquire a 20.43% interest in blocks, 23/11a, 23/16b and 23/16c, which c...

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